$4,000 Is the New Minimum Spending Requirement for Chase Sapphire Preferred

$4,000 Is the New Minimum Spending Requirement for Chase Sapphire Preferred

Million Mile Secrets$4,000 Is the New Minimum Spending Requirement for Chase Sapphire PreferredMillion Mile Secrets Team

Disclosure: We get a commission for links on the blog. You don’t have to use our links, but we’re very grateful when you do. American Express, Capital One, Chase, and US Bank are Million Mile Secrets advertising partners. Opinions expressed here are the author's alone, and have not been reviewed, approved or endorsed by our partners.

The minimum spending on the Chase Sapphire Preferred card is increasing to $4,000.

4,000 Is The New Minimum Spending Requirement For Chase Sapphire Preferred
You’ll Have to Spend More to Get Your Sign-Up Bonus for the Chase Sapphire Preferred

Previously, you only had to spend $3,000 within 90 days to get 40,000 Chase Ultimate Rewards points.

Chase Sapphire Preferred

Link:   Chase Sapphire Preferred 

Link:   My Review of the Chase Sapphire Preferred card 

You can get 40,000 Chase Ultimate Rewards points on the Chase Sapphire Preferred card after spending $4,000 within 90 days.

With the Chase Sapphire Preferred you get:

  • 5,000 Chase Ultimate Rewards points when you make your 1st purchase and add an authorized user within 3 months 
  • 2X Chase Ultimate Rewards points on travel and dining
  • $95 annual fee waived the 1st year
  • NO foreign transaction fees

You can transfer Chase Ultimate Rewards points to airline and hotel partners, like United Airlines.

 Chase Ultimate Rewards Airline Transfer Partners 
Aer LingusBritish AirwaysFlying Blue (Air France/KLM)
IberiaKorean AirSingapore Airlines
SouthwestUnited AirlinesVirgin Atlantic
 Chase Ultimate Rewards Hotel Transfer Partners 

Is Sapphire Preferred Still a Good Deal?

Yes!  While it’s not good news that the minimum spending has increased, the Sapphire Preferred is still 1 of my favorite cards for getting Big Travel with Small Money.

That’s because the Sapphire Preferred allows you to transfer your Chase Ultimate Rewards points earned with any card to partner airlines and hotels.

4,000 Is The New Minimum Spending Requirement For Chase Sapphire Preferred
There Are Many Ways to Meet the Minimum Spending Requirement to Get the Sign-Up Bonus

And I like being able to use this card overseas without being charged a foreign transaction fee.  I also use it for rental cars because you get primary rental car insurance and 2X Chase Ultimate Rewards points.

There are plenty of ways to meet minimum spending requirements to help you get the sign-up bonus.

Bottom Line

Previously, you received 40,000 Chase Ultimate Rewards points after spending $3,000 in the first 3 months.  But now you’ll have to spend $4,000 to get the sign-up bonus.

I still think the Chase Sapphire Preferred is a great card for Big Travel, so it’s worth the extra spending to get the bonus and perks.

If you liked this post, why don’t you join the 25,000+ readers who have signed-up to receive free blog posts via email (only 1 email per day!) or in an RSS reader …because then you’ll never miss another update!

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel.
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

More Info

Editorial Disclaimer: Neither the editorial content nor the comments on this site are provided by the companies whose products are featured. Any opinions, analyses, reviews or evaluations provided here are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by the Advertiser.

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.


by Newest
by Best by Newest by Oldest

I still have a link that requires only $3,000 spend, valid until 11/30 (Disclaimer: This is my referral link. I hope this helps someone. Thank you!) https://applynow.chase.com/FlexAppWeb/renderApp.do?PID=CFFD2&SPID=F9Y4&CELL=GSJ&MSC=1514826433 (ps: please disregard the previous link, it was erronous)

Note that if you already have a Chase Sapphire Preferred card, you can go to the Chase Refer a Friend website and get your own referral link that will give you 5,000 Ultimate Rewards point if someone signs up for the card through you (up to 50,000 points total)